HULIC &New GINZA MIYUKI 5

(Completed in Jun. 2023)

July 28, 2023

FY2023 2Q (January - June)

IR Presentation

Code:3003

Charm Suite Yotsuya

(Completed in May 2023)

Table of Contents

page

item

page

item

FY2023 2Q Consolidated Performance Summary

Development/Reconstruction and Value Added Business

3

Executive Summary

20-26

Ongoing Projects

4

Financial Highlights

27

Bank Branch Reconstruction

5

Progress on Forecast for FY2023

28

PPP Business

6

Income Statement

29

Data Center

7

Segment Performance

30

Logistics Center

8

Balance Sheets

31

Other Next Generation assets

9

Funding

32

Value Added Business

  1. Financial KPIs
  2. Key Metrics / Shareholder Return

Business Summary

Establishing New Business Areas

12

Restructuring to High Quality Leasing Portfolio

33

Senior-related Business

13

Vacancy Rate & Rent History

34

Tourism-related Business

14-15

Portfolio Distribution Pictures

35

Midsize Flexible Office 'Bizflex'

16

Investment in Real Estate

36

Education Business for Children

17

Acquisition of Otemachi Place, etc.

37

Initiatives for New Business Development

18

CRE Business

19

Real Estate for Sale

38-42

Initiatives for Sustainability

Macro Environment page.44-47

Corporate Profile page.48-73

2

Executive Summary

FY2023 2Q Results

  • All income items are at record-highs for 2Q
    2Q results were on track in achieving FY2023 annual guidance
    • Operating income reached JPY66.6 bn, +16.7% QoQ
      • Leasing, etc. : JPY28.5 bn, increased by JPY1.1 bn, +4.1% QoQ
      • Property Sales : JPY42.7 bn, increased by +11.6% QoQ
      • Hotels/Ryokans : JPY0.2 bn, increased by JPY4.1 bn QoQ

(Subsidiaries)

    • Ordinary income JPY62.2 bn, +8.1% QoQ
    • Profit attributable to owners of parentsJPY44.1 bn, increased by +19.2% QoQ
  • Completed replacement of hybrid finance totaling JPY150.0 bn, AA- credit rating helped
    • Financed newly JPY76.0 bn of hybrid bonds and JPY74.0 bn of hybrid loans
    • Made an early repayment of JPY50.0 bn of hybrid bonds and JPY100.0 bn of hybrid loans, respectively

3

Financial Highlights (Consolidated)

All income items are at record highs for 2Q

Revenue from Operations

Billion yen

523.4

(TBA)

500.0

447.0

400.0

357.2

339.6

287.5

247.4

300.0

200.0

183.9

100.0

0.0

18/12

19/12

20/12

21/12

22/12

23/12

Operating Income

Billion yen

(140.0)

140.0

126.1

114.5

120.0

100.5

100.0

88.3

75.5

80.0

60.0

66.6

40.0

57.0

20.0

0.0

18/12

19/12

20/12

21/12

22/12

23/12

Ordinary Income (Recurring Income)

Profit attributable to owners of parents

Billion yen

(132.0)

Billion yen

140.0

123.2

100.0

(86.5)

79.1

120.0

109.5

80.0

95.6

63.6

69.5

100.0

84.6

58.8

72.5

60.0

80.0

49.5

60.0

62.2

40.0

40.0

57.4

36.9

44.1

20.0

20.0

0.0

0.0

18/12

19/12

20/12

21/12

22/12

23/12

18/12

19/12

20/12

21/12

22/12

23/12

4

FY2023 2Q Progress on Forecast for FY2023 (Consolidated)

Steadily proceeded according to the annual guidance

Billion yen

FY2022

FY2023

Forecast

2Q

Progress %

Revenue from Operations

523.4

TBA

183.9

Operating Income

126.1

140.0

66.6

47.6%

Ordinary Income

123.2

132.0

62.2

47.1%

(Recurring Income)

Profit attributable to Owners of

79.1

86.5

44.1

51.0%

Parents

5

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Disclaimer

Hulic Co. Ltd. published this content on 09 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 August 2023 05:58:06 UTC.